Former President Bill Clinton personally honored their now disgraced work in a ceremony for the Clinton Global Initiative in 2009. Wragg met with the president of the Ivory Coast to discuss how biochar could transform energy production in the small African nation.
John Elway, the Hall of Fame football quarterback and current general manager of the Denver Broncos, spoke at investment seminars run by McKelvey.
Their pitch centered on mass producing biochar. They hailed it as the green energy of the future. The premise of biochar was turning waste like used tires and household garbage into an energy source.
Investors “can get paid by just owning land and spreading this stuff all over your field, because this stuff pulls the toxins out of the atmosphere,” they said.